CalSTRS considers HUGE move to safety: Report
September 03, 2015 at 12:43 PM EDT
One of the largest U.S. pension funds is thinking of shifting up to $20 billion away from stocks, real estate and private equity. The Los Angeles Times reported Wednesday that, at its last meeting, the California State Teachers' Retirement System (CalSTRS), was considering a new strategy that would move as much as 12 percent of its $191-billion portfolio into safer investments, including ...